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    From skepticism to sustainability: changing perceptions of refurbished phones



    Why do we instinctively reach for brand-new devices when refurbished alternatives deliver comparable quality at a fraction of the financial and environmental cost? We’ve created a paradox in our digital lives: while our drawers overflow with discarded devices, we eagerly await the next product launch. The $485 billion mobile device market, growing steadily at 3.7% annually through 2029, thrives on this contradiction.

    With an estimated 10 billion unused devices, such as smartphones, sitting idle in homes worldwide, we’re simultaneously hoarding technology and demanding more. Despite consumers keeping their devices longer, with global upgrade cycles slowing to around 3.5 years according to GSMA data, the secondary market is yet to be embraced at scale.

    https://cdn.mos.cms.futurecdn.net/6XhemsqwFiDVNS7wWqadGi.jpg



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